TrustBanc Asset FAQ

Frequently asked questions regarding our Asset portfolio

Would dividend be paid on units of investment?
Unit holders will be issued dividends which are not subject to withholding tax. Unit holders may elect to receive their dividend warrants in cash or seek to...
Mon, 31 Aug, 2020 at 10:04 PM
If I invest now will I get to receive a certificate for new units bought?
Certificate will be issued for every purchase of units of the fund. A notification will be sent via email 24hrs after purchase once funds are cleared.
Mon, 31 Aug, 2020 at 10:07 PM
Can a subscriber invest periodically in the funds?
Investors may choose to make regular monthly or quarterly investments, or at such other frequency that aligns with their overall investment needs. Such appl...
Mon, 31 Aug, 2020 at 10:08 PM
What is the procedure for redemptions?
You will be required to complete a Redemption Form and return the electronic certificate to the Fund Manager. Once these documents have been verified, the r...
Tue, 1 Sep, 2020 at 10:50 AM
Can I invest for my children and my investment club?
Yes, it is possible to invest for minors, clubs and groups.
Tue, 1 Sep, 2020 at 10:51 AM
Do I get a receipt or certificate?
Yes, you get both a receipt and an e-certificate. The acknowledgement copy of the Purchase Order Form constitutes your receipt while an e-certificate, indic...
Tue, 1 Sep, 2020 at 10:54 AM
How do I monitor my investment?
As a unit holder of the Fund, it is also possible to view your account online by logging on to our online portal
Tue, 1 Sep, 2020 at 10:56 AM
Can I transfer my units to another party?
Yes, units of the TrustBanc Money Market Fund can be transferred to a third party at the instruction of the existing unit holder upon payment of a nominal t...
Tue, 1 Sep, 2020 at 10:58 AM
How long should I stay invested in the TrustBanc Money Market Fund?
The Fund is open-ended and there is no minimum period of participation.
Tue, 1 Sep, 2020 at 11:00 AM
Does the Trustbanc Money Market Fund pay dividends?
Distributions will be made to unit holders on the Distribution Payment Date and in the event that Distributions are payable in cash, Unit holders have the o...
Tue, 1 Sep, 2020 at 11:01 AM